Madhya Pradesh State AIDS Control Society Gains Tax Exemption u/s 10(46) for Specified Income, FY 2013-16.
The Central Government has notified the Madhya Pradesh State AIDS Control Society under Section 10(46) of the Income-tax Act, 1961, exempting specified income arising to the society. This includes grants-in-aid from the Government of India and interest earned on such grants. The notification applies for the period from June 1, 2011, to March 31, 2013, and covers financial years 2013-14 to 2015-16. Conditions for this exemption include the society not engaging in commercial activities, maintaining the nature of its specified income, and filing returns as per the Income-tax Act. Grants must adhere to existing rules and regulations.
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Madhya Pradesh State AIDS Control Society Gains Tax Exemption u/s 10(46) for Specified Income, FY 2013-16.
The Central Government has notified the Madhya Pradesh State AIDS Control Society under Section 10(46) of the Income-tax Act, 1961, exempting specified income arising to the society. This includes grants-in-aid from the Government of India and interest earned on such grants. The notification applies for the period from June 1, 2011, to March 31, 2013, and covers financial years 2013-14 to 2015-16. Conditions for this exemption include the society not engaging in commercial activities, maintaining the nature of its specified income, and filing returns as per the Income-tax Act. Grants must adhere to existing rules and regulations.
Madhya Pradesh State AIDS Control Society Gains Tax Exemption u/s 10(46) for Specified Income, FY 2013-16.
The Central Government has notified the Madhya Pradesh State AIDS Control Society under Section 10(46) of the Income-tax Act, 1961, exempting specified income arising to the society. This includes grants-in-aid from the Government of India and interest earned on such grants. The notification applies for the period from June 1, 2011, to March 31, 2013, and covers financial years 2013-14 to 2015-16. Conditions for this exemption include the society not engaging in commercial activities, maintaining the nature of its specified income, and filing returns as per the Income-tax Act. Grants must adhere to existing rules and regulations.
Full Summary is availble for active users!
Note: It is a system-generated summary and is for quick
reference only.